An in-depth look at the linkage logic of global energy and assets in 2026: Analyze the impact of geo-premium in the Strait of Hormuz on crude oil pricing, and reveal the linkage code of commodity currencies under the US dollar tide. By analyzing the inflation narrative and volatility transmission mechanism of gold and crude oil, we can help you break out of the single K-line game and build a cross-asset class macro hedging and anti-fragile investment portfolio.